We called Marathon Oil Getting Bought – Which Blue Chip Dividend Stock Is Next?
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ConocoPhillips to buy Marathon Oil in $22.5 billion deal—another energy megamerger
ConocoPhillips on Wednesday agreed to buy Marathon Oil in a $22.5 billion deal, the latest in a series of mega-mergers in the oil and gas industry as companies look to bolster reserves.
ConocoPhillips, Marathon Oil Merger Creates Another Shale Giant
Some of us are old enough to remember when Conoco, Phillips Petroleum, and Marathon were three separate companies, all of which were fully integrated majors. Conoco and Phillips, both originally based in Oklahoma, merged in 2002 to become ConocoPhillips.
ConocoPhillips To Buy Marathon Oil: What To Know
If ConocoPhillips' bid for Marathon Oil goes through, it will bring together two of the world's largest exploration and production companies.
Marathon bondholders signaled deal ahead of ConocoPhillips merger announcement
Marathon Oil bonds were rallying Wednesday on the heels of the announcement of the company's $17.5 billion acquisition by ConocoPhillips, but investors had already been moving money into the energy company ahead of the deal.
Marathon Oil Stock Jumps on $22.5B Acquisition by ConocoPhillips
Marathon Oil (MRO) stock jumped at the opening bell Wednesday after ConocoPhillips (COP) announced that it will acquire its fellow Houston-based energy firm in an all-stock deal valued at $22.5 billion, inclusive of $5.4 billion of net debt.
Marathon Oil Stock Is on Alert as ConocoPhillips Eyes a Big Buy
ConocoPhilips (NYSE: COP ) has announced an all-stock deal to acquire Marathon Oil (NYSE: MRO . Marathon shareholders to get 0.255 of a ConocoPhilips share for each Marathon share.
3 Energy Companies With Rock-Solid Balance Sheet to Watch
EIA foresees no growth in GDP this year, with a projected downturn in the following year, consequently dampening energy demand. This highlights the need to keep an eye on XOM, CVX and COP.
Another Oil Megadeal: ConocoPhillips Agrees On Buying Marathon In $23 Billion Deal
ConocoPhillips plans to buy fellow American energy giant Marathon Oil in an all-stock deal worth a total of $22.5 billion, the companies announced Wednesday, marking the latest in a string of multibillion-dollar mergers and acquisitions deals in the energy industry.
Oil giant ConocoPhillips to buy Marathon Oil in $17.1bn deal
Takeover is latest by a US conglomerate gambling on fossil fuel production as profits surge on rising energy prices
ConocoPhillips to buy Marathon Oil in $22.5B deal
Under the agreement, ConocoPhillips will receive additional acreage to its existing U.S. onshore portfolio, adding over 2 billion barrels of resource.
ConocoPhillips to buy Marathon Oil at about a 15% premium
Marathon Oil Corp (NYSE: MRO) is up more than 10% in premarket on Wednesday after ConocoPhillips (NYSE: COP) said it will buy the hydrocarbon exploration firm for about $17.1 billion. Marathon Oil stock valued at a 15% premium The deal values $MRO at a near 15% premium versus its previous close.
